This is a handy transaction account to manage your day-to-day spending and regular transactions, with no monthly account keeping fees to worry about and a free linked Visa debit card which you can use all over the world. Make unlimited electronic transactions in Australia for free, and pay no withdrawal fees at 10,000+ ATMs in Australia.
MyState Bank Glide Account
- Account keeping fee
- $0
- ATM withdrawal fee
- $0
- Overseas ATM withdrawal fee
- $0
- Overseas transaction fee of transaction value
- 3%
Our verdict
This everyday transaction account has no monthly account keeping fees and supports Apple Pay, Google Pay and Samsung Pay.
The MyState Glide transaction account charges no monthly account keeping fees and comes with a free Visa debit card. You can use this card to make purchases in stores and online all over the world wherever Visa is accepted.
Like all Australian debit cards, you can make free ATM withdrawals at ANZ, NAB, CBA and Westpac ATMs in Australia. However if you use an ATM owned by a smaller provider you could be charged a fee by the ATM operator. It’s also important to note a foreign transaction fee applies on all transactions where a currency conversion is required. So if you travel often or regularly shop online from international retailers you could save yourself some money with a card that doesn’t charge this fee.
If you love making digital contactless payments, MyState offers the full suite of options including Apple Pay, Google Pay, Samsung Pay and Garmin Pay. Plus, you can also set up a PayID to receive online money transfers without using your BSB and Account Number.
If you link this account to a MyState Bank Bonus Saver Account you can earn up to 5% p.a. on your savings balance, which is very competitive compared to other savings products in the market.
Pros
-
No account keeping fees
-
Unlimited free electronic transactions
-
Apple Pay, Google Pay, Samsung Pay and Garmin Pay available
-
Earn competitive interest on your linked MyState Bonus Saver account
Cons
-
Foreign transaction fee applies for overseas purchases
Details
Key details
Product Name | MyState Bank Glide Account |
Monthly account fee | $0 |
Card access | Visa |
Own network ATM fee | $0 |
International ATM Fee | International ATM fee $0 |
International transaction fee | 3% |
Monthly deposit required to waive account fee | N/A |
Contactless Payments | Apple Pay, Google Pay, Samsung Pay, Garmin Pay |
Eligibility
Minimum Age | 13 |
Joint account availability | Yes |
Minimum opening deposit | N/A |
Residency status | Permanent Australian residents with an Australian address |
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Your reviews
Alison Finder
Editor
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Shubham Pandey Finder
October 23, 2023
Hi Gem,
Thank you for your question.
The Visa debit and RediCard both have a $1000 daily limit (this excludes youth accounts). This limit includes both transactions and cash withdrawals. If you have a Visa debit card, you can select the credit option to override this limit; however this can only be extended to the balance of your account.
(Customers under the age of 13 years can only use a Glide Account operated by a Parent or Guardian; Non-Australian Citizens can only apply for a Glide Account by phone or in branch.)
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Craig
July 26, 2023
Can I use Australia Post to make deposits and withdrawals ? If so, are there fees for either transaction ?
Alison Banney Finder
August 01, 2023
Hi Craig, you can deposit money at Australia Post for free however there is a $3 fee to withdraw.
Alice
July 07, 2023
If we set this up as a joint bank account, will we get 2 visa debit cards sent to us?
Alison Banney Finder
July 18, 2023
Hi Alice, yes you will each receive a debit card in your name.
Samuel
February 25, 2023
how can i setup payid using glide account
Alison Banney Finder
February 28, 2023
Hi Samuel,
There should be a PayID option in the ‘Manage’ menu when you log into your MyState mobile app. Simply follow the prompts to set it up.
Thanks,
Alison
Gem
September 30, 2023
Are there any parental controls. Such as setting daily spend limits?